People-Powered Networks (HNT/USDT) Analysis 📈📉Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #46,/ kind : Coin / Market Cap:$2,559,219,909
Total Supply: 110,978,134 /// Circulating Supply: 111,713,231.70 HNT (50% %) ====> good ✅
🔰What Is Helium (HNT)?
Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
coinmarketcap-.helium.com
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📈📉 TECHNICAL
As you can see on the weekly timeframe for HNT/USDT , It is trading about $22.78 right now.
Although helium already has been in a super ascending channel
but Since NOV 2021 ,after recording a new ATH (59.27 $) ,
it has been declining and was fluctuating in a smaller channel.
so it still can continues it decline between both descending
trend line of this mini channel to the bottom of bigger channel ,
but it can start a rally if breakout upper trendline ,as good as
it can fall more if breakout the lower bounds of channel and also have a weekly
close below support zone it will go down even to lower support areas !
🛑resistance level: $37.2-$40 /descending trendline(upper bound)
❇️support levels: $12.40-$14.8/ $6.2-$7.3 /$4-$5 /descending trendline(lower bound)
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
HNTUSDT
HNTUSDT - SETUPHNTUSDT has dropped again considerably more than expected but now the bulls are eyeing a reversal at some point. The price shows some positivity which can be a reversal moment. So let's wait for the price actions.
Hnt ready to breakoutHello
So hnt is ready to break out on 4h chart
Better buy it after breakout 28
Sl 26
GL
HNT/USDT SHORT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick HNT /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-HNT/USDT ascending triangle break and short position open
SHORT Entry:-$27.50
$28.50
SHORT Target:-$26.8, $24.93, $23.60, $22.13, $20.14
Stop loss:-$30
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
HNT/USDT by CrypoTradersWWI have this setup ready for HNT if BTC remains stable and altcoins bounce.
A massive rising triangle has formed, with $32 functioning as a flat resistance level. Lower lows (a sign of buyers coming in).
Entry: only once $32 has turned from resistance to support ( retest must hold )
Targets: collect profit from $35 to $39 zone
StopLoss: If the price falls below ascending support
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HNT peaked at my targetsHNT hit may targets for now ill be waiting for bear market to accumulate more of this.. goodluck!!
HNTUSDT-LONGBased on technical factors there is a long position in :
HNTUSDT Helium
Score 3️⃣
🔵Long Now or set on Key Level 26.70
🟢Target 1 31.00
🟢Target 2 35.85
❌Stop loss 25.50
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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HNT/USDT TA UPDATE!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this HNT/USDT technical analysis update. HNT is a great project and I'm quite bullish on this.
As per 2D TA, HNT is trading inside a big rising wedge. A strong support zone for HNT is around $20-$24
In the short term, I'm expecting a little downside movement and after reaching around that support level a nice bounce is expected. Place your bids in the green box.
Entry range:- $20-$24
Target:- 200-300%
SL:- $18
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HNT Price BreakoutThe price has broken a longterm downtrend since 45$ and now the momentum is bullish. To enter this longterm trade, wait for a retest and buy @ 27$ with SL @ 20$ and TP @ 45$. Good luck NFA
HNTUSDT - SETUPHNTUSDT price recovered well from the current drop and print a double bottom formation on the chart. So we are expecting the bulls will aggressively push the price towards the trendline and after breaking it will target the next resistance area around 32.0 followed by 36.0.
HNTUSDT - Double Bottom Pattern!HNTUSDT (4h Chart) Technical analysis
HNTUSDT (4h Chart) Currently trading at $23.9
Buy level: Above $24.4 (BUY AFTER BREAKOUT)
Stop loss: Below $19.6
TP1: $26.4
TP2: $28.5
TP3: $31
TP4: $34
Max Leverage 3x
Always keep Stop loss
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HNTUSDT Descending ChannelIts making Descending Channel.
BuyZones:
31.23 30.23 27.58 25.10 24.10 23 22.3 21.77 20 16.70 12.70 10 8.5
Take Profits:
34 38
StopLoss:
15%
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
HNTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is moving between the R1 and the S1 lines. We need to wait for it to break from either of them. It is risky to Long or Short it from here. We need to wait for it to either break the R1 line and then buy or wait for it to hit the S1 line, stabilize above it and then buy. Those of you who have this token had better save their profits at the R1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
HNTUSDTHello Guys , How's Going ?
HNT Moving in the trendline and supporting so we can expect to see 35$ for the short time target but if the trendline break to down we can expect to support on 25$ , you can Set your plan for buy and sell in this area , have a good luck guys
NOT FINANCIAL ADVICE
HNT (Helium) Coin Analysis 03/05/2021As we have Analyzed, Invested on this Coin earlier and ultimately Achieved our Past 3 Targets on it, so we are Updating the new Targets:
Fundamental Analysis:
Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature.
Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities.
Network participants purchase Hotspots — a combination of a wireless gateway and a miner — or build their own. Each hotspot provides network coverage over a certain radius, and also mines Helium’s native token, HNT.
The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable.
In addition to HNT, users pay transaction fees in a separate token called Data Credits, which are not exchangeable and tied to individual users themselves.
Helium uses a bespoke consensus mechanism called proof-of-coverage (PoC) which rewards users for contributing to mining (validating transactions) and ensuring stability.
PoC is based on the HoneyBadger BFT protocol, which is specifically designed for node communication when conditions are unreliable.
Helium says that the most likely attack vector impacts node operators in the form of inbound ports of Hotspots. For token holders, the platform’s own wallet uses asymmetric keys to help users with private key security.
Helium’s three co-founders Amir Haleem, Shawn Fanning and Sean Carey started the company in 2013.
Haleem has an active eSports and game development background. Fanning, by contrast, is well known for developing Napster, the music sharing service which was one of the first mainstream peer-to-peer (P2P) internet services in the late 1990s.
Carey meanwhile held multiple development roles prior to Helium, which included advertising optimization firm Where, acquired by PayPal.
Helium’s team now consists of members which the company says have experience in “radio and hardware, manufacturing, distributed systems, peer-to-peer and blockchain technologies.”
Approximate mining periods of 30 to 60 minutes unlock rewards which are distributed according to a changing growth plan.
Helium explains that at the start, node owners will accrue more HNT for building out network infrastructure, while later on, it will be more advantageous to transfer device data. This adjustment mechanism for token distribution is expected to last for around 20 years.
As of the start of October 2020, there are 48,712,218 HNT in circulation. When the token launched, the supply was zero, with no premine.
The live Helium price today is $18.96 USD with a 24-hour trading volume of $40,934,793 USD. Helium is up 10.09% in the last 24 hours. The current CoinMarketCap ranking is #79, with a live market cap of $1,536,186,921 USD. It has a circulating supply of 81,039,235 HNT coins and a max. supply of 223,000,000 HNT coins.
Technical Analysis:
the Coin has done its initialization and Accumulation Phase followed by some Reaccumulation and distribution on its Past Impulsive cycles which is the Good sign of Price Correction and well Established Value and Price infrastructure.
There exist a Hidden Bullish Divergence of Price and MACD, which is the sign of Bullish Trend Continuation.
Few Support areas are also defined by Price Action which are having Confluences with Fibonacci Retracement of the initialization to the ATH.
3 Targets are Defined by Fibonacci Projection of the initial Impulsive cycle and its Retracement.
the 3 TP gets its confirmation as the Price Triggers the 2 TP followed by Some Price Correction.
#HNT To the moon#HNT #HNTUSDT
Buy Between: 36.00 - 40.00
Targets: 44.50 - 48.20 - 53.00 - 60.00
Stop Loss: 32.00
HNTUSDT COMMENTthis is comment for my previous analysis
tp 1 done 9%
market still unstable right now
becarefull
always dyor and happy profit
HNTUSDT PERP SHORT IDEAHNT/USDT PERP Failed to break resistance zone 41.63 and it is now approaching the trendline 38.50, will be looking closely how this pair reacts around " TRENDLINE SUPPORT "....